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Data from Statistics Canada. Forecasts by Sigmanomics Forecast Engine.
CanadaCanada Housing Starts s.a YoY held to 200.2K in June 2013
Statistics CanadaMonthlyReleased June 2013
Canada Housing Starts s.a YoY held to 200.2K in June 2013. The print exceeded the 178K consensus by 22.2K. Housing Starts s.a YoY has now risen for 3 consecutive months.
Latest Release
200.2
Actual
178
Consensus
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/CAD | ▼ Inverse | −0.50 | FOREX | Moves against | → View |
| CAD/JPY | ▲ Direct | +0.45 | FOREX | Moves with | → View |
| WTI Crude | ▲ Direct | +0.40 | COMMODITIES | Moves with | → View |
| EUR/CAD | ▼ Inverse | −0.35 | FOREX | Moves against | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Housing Starts s.a YoY (Canada) was reported at 200 thousand in June 2013. This beat the market consensus of 178 thousand by 22 thousand. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The indicator has been trending upward over the last three releases.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/CAD (Bullish CAD). A secondary relationship exists with CAD/JPY, positively correlated (Bullish CAD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Inflation Rate MoM (Sep 14) and Inflation Rate YoY (Sep 14).
Auto-generated from current model state · Refreshes on each release · Last update June 2013.
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Housing Starts s.a YoY - CA
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About Housing Starts s.a YoY — Canada
DEFINITION
Housing Starts s.a YoY is a financial indicator that measures the year-over-year change in the seasonally adjusted number of new residential construction projects started in a given period. This indicator provides valuable insights into the health of the housing market and can be used to assess the overall strength of the economy. A positive change in Housing Starts s.a YoY indicates an increase in new construction activity, while a negative change suggests a decline. This information is important for investors, policymakers, and analysts in making informed decisions related to the real estate and construction industries.
WHY THIS INDICATOR MATTERS
Housing data leads broader economic cycles by several months and is highly rate-sensitive, with knock-on effects to construction, materials, and consumer credit. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2013): actual 200.2 K, consensus 178 K. Prior reading (Apr 2013): 184 K. Before that (Mar 2013): 180.7 K.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a lower reading versus the latest print. Current dynamics are the primary headwind in the projection. This indicator correlates most strongly with USD/CAD (Bullish CAD, r=-0.50) — a useful reference for forex-focused traders.
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Economic Calendar - CA Events
| Monday, September 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | CA | Core Inflation Rate MoM | 0.2 | 0.2 | 0.20 | Low | |
| 12:30 | CA | Common CPI YoY | 2.7 | 2.7 | 2.70 | Low | |
| 12:30 | CA | Median CPI YoY | 2 | 2 | 2.00 | Low | |
| 12:30 | CA | Inflation Rate MoM | 0.5 | 0 | 0.00 | Medium | |
| 12:30 | CA | Trimmed CPI YoY | 1.9 | 1.9 | 1.90 | Low | |
| 12:30 | CA | Capacity Utilization | 82.3 | 82.4 | 82.40 | Low | |
| 12:30 | CA | Inflation Rate YoY | 3 | 3 | 3.00 | High | |
| 12:30 | CA | Core Inflation Rate YoY | 2.3 | 2.3 | 2.30 | Medium | |
| 12:30 | CA | Manufacturing Sales MoM | -0.2 | 0.1 | -0.2 | -0.27 | Low |
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | CA | New Motor Vehicle Sales | 190.2 | 190.1 | 190.10 | Low | |
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:15 | CA | Housing Starts | 229.1 | 235 | 238.15 | Medium | |
| 12:30 | CA | Building Permits MoM | 18.5 | -5.6 | -5.60 | Low | |